7 Upson Street, Bristol, CT 06010

• 13 beds |
• 10 baths |
• 6,926 sqft

Property Description

5-7 Upson St is a 10-unit multifamily offering an attractive opportunity to acquire scale at a strong basis in Bristol, CT. With a current NOI of $98,059 and an actual cap rate of 7.8%, the property offers upside potential to a 9.3% cap on a proforma basis. Strategically located just 20 miles southwest of Hartford and within two hours of New York City and Boston, Bristol combines affordability with access to regional employment hubs, attracting a steady renter base. The city's economy is anchored by ESPN and supported by healthcare, advanced manufacturing, and financial services, while ongoing Downtown Bristol and Centre Square redevelopment initiatives enhance the live-work-play environment. High occupancy, limited housing supply, and rising rents create a favorable environment for multifamily investors seeking both immediate income and long-term appreciation. A strong debt service coverage (1.67 proforma) and projected ROI up to 14.9%, this turnkey 10-unit asset represents a rare investment opportunity in a high-demand Central Connecticut rental market.

Listing Status:

Active

Date Added:

March 25, 2026

Data Last Updated:

March 28, 2026 at 4:50AM

Listing Office:

Sky Realty Group : (860) 638-9748

Listing Agent:

Sandy Strickling : (860) 638-9748

MLS ID:

24162205

Interior

• Laundry: Common Laundry Area
• Basement: PartialUnfinished
• A/C: None
• Heating: Hot WaterNatural Gas
• Fireplace: Fireplaces: 0

Exterior

• Style: Units on different FloorsUnits are Side-by-Side

Construction

• Roofing: Asphalt ShingleFlat

Location

• County: Hartford

Lot

• Zoning: R-15/B473449

Utilities

• Water: Public Water Connected
• Sewer: Public Sewer Connected